Aust stocks open weaker

Local market slips into the red in early trade as fresh Ukraine fears weigh on Wall Street.

The Australian sharemarket opened half a per cent lower after fresh fears over the latest outbreak of violence in Ukraine and concerns about the US tech sector weighed on Wall Street.

At the 10.15am (AEST) official market open the benchmark S&P/ASX200 index shed 29.5 points, or 0.54%, to 5,451.9, while the broader All Ordinaries index gave up 28.3 points, or 0.52%, to 5,434.4.

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